Summer is the time to partner with your contractor to make your dream home a reality! Investing in home improvement projects requires knowledge and planning, however. Many improvements won’t add value to your home, and can even reduce the amount you’re able to ask for when you decide to sell (think swimming pools and sunrooms).
On the other hand, projects such as the following can add significant value to your home:
- Garage door replacement. A garage door replacement is the most lucrative home upgrade you can undertake. Remodeling magazine’s 2021 Cost vs. Value Report indicates a mid-range garage door replacement averages a high return nationally at 93.8%. This seems to indicate that replacements that generate curb appeal, such as installing a garage door and adding manufactured stone veneer on the exterior, are important to buyers.
- Kitchen remodel. Keep your existing cabinet bases in place while replacing the cabinet and drawer fronts with shaker-style wood panels and new hardware. Replace old appliances with new models, which are much more energy-efficient. With a mid-priced sink and faucet, as well as updated countertops and flooring and a bright new coat of paint, a mid-range kitchen remodel can be a great investment.
- Bathroom mini-remodel. A modern faucet, showerhead and other bathroom fixtures can change the look and feel of an entire room. A fresh coat of paint, a mirror to reflect and amplify natural light and tile or marble flooring can make a small bathroom appear more spacious and luxurious. Add a low-flow toilet that uses only 1.6 gallons of water per flush and you’ll also enjoy savings on your water bill.
- Gutter protection. An important step in protecting your landscaping and home from overflowing gutters is a quality gutter protection system. Not to mention, many homebuyers are very attracted by the thought of never having to clean gutters again!
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